What is the value of a share of common stock, Financial Management

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What is the value of a share of common stock

Suppose Nabisco Corporation just issued a dividend of $1.49 per share yesterday. Subsequent dividends will grow at a constant rate of 06.20% indefinitely. If the required rate of return for this stock is 17.90% , what is the value of a share of common stock today?

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Financial Management: What is the value of a share of common stock

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